RE:build
ActiveSummary
RE:build has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €454,006 and a net result of €120,476. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability88▲+9
Solvency82▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 3.38 against 2.9 in 2023; short-term debt: 13.2% and cash: 8.8% of total assets), and 43% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
52 d early
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€454,006▲ 17.8%
2023 · €385,518
Total assets
€797,162▲ 12.2%
2023 · €710,764
Net result
€120,476▲ 117%
2023 · €55,622
Working capital
€250,909▲ 14.9%
2023 · €218,424
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€128,925▲ 74.0%€35,217▼ 72.7%€187,427▲ 432%€79,467▼ 57.6%€172,385▲ 117%
Net result€87,728▲ 68.7%€23,162▼ 73.6%€128,811▲ 456%€55,622▼ 56.8%€120,476▲ 117%
Equity€302,449▲ 39.6%€323,226▲ 6.9%€448,838▲ 38.9%€385,518▼ 14.1%€454,006▲ 17.8%
Total assets€478,948▲ 21.6%€683,312▲ 42.7%€673,820▼ 1.4%€710,764▲ 5.5%€797,162▲ 12.2%
Debt€175,249▼ 0.5%€358,835▲ 105%€223,733▼ 37.7%€323,996▲ 44.8%€341,906▲ 5.5%
Working capital€187,660▲ 60.0%€56,073▼ 70.1%€298,051▲ 432%€218,424▼ 26.7%€250,909▲ 14.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 117% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €797,162
Fixed assets
€440,852 ▲ 16.7%
Current assets
€356,310 ▲ 7.0%
Equity and liabilities €797,162
Equity
€454,006 ▲ 17.8%
Provisions
€1,250 =
Debt
€341,906 ▲ 5.5%
Debt's share of the balance-sheet total falls from 45.6% to 42.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€205,602▲
2023 · €95,442
Cash flow
€153,693▲
2023 · €71,598
Current ratio
3.38▲
2023 · 2.90
Debt to equity
0.75▼
2023 · 0.84
ROE
26.5%▲
2023 · 14.4%
ROA
15.1%▲
2023 · 7.8%
Interest coverage
32.13▲
2023 · 21.37
Debt ≤ 1 year
€105,401▼
2023 · €114,678
Debt > 1 year
€236,505▲
2023 · €209,319
Income taxes
€51,461▲
2023 · €21,947
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,792 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €113,636 | €0 | €24,704 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,764 | €61,205 | €25,141 | €15,976 | €33,217 | ▲ 108% |
| Other operating charges640/8 | - | €2,772 | €3,351 | €2,472 | €2,238 | ▼ 9.5% |
| Gross operating margin9900 | €152,633 | €99,193 | €215,919 | €97,915 | €207,840 | ▲ 112% |
| Operating profit (loss)9901 | €128,925 | €35,217 | €187,427 | €79,467 | €172,385 | ▲ 117% |
| Financial income75/76B | - | €1,659 | €1,419 | €2,569 | €5,951 | ▲ 132% |
| Recurring financial income75 | €607 | €1,659 | €1,419 | €2,569 | €5,951 | ▲ 132% |
| Financial charges65/66B | - | €4,412 | €5,768 | €4,467 | €6,399 | ▲ 43.3% |
| Recurring financial charges65 | €5,947 | €4,412 | €5,768 | €4,467 | €6,399 | ▲ 43.3% |
| Profit (loss) for the period before taxes9903 | €123,584 | €32,464 | €183,079 | €77,569 | €171,937 | ▲ 122% |
| Income taxes67/77 | €35,856 | €9,302 | €54,267 | €21,947 | €51,461 | ▲ 134% |
| Profit (loss) for the period9904 | €87,728 | €23,162 | €128,811 | €55,622 | €120,476 | ▲ 117% |
| Profit (loss) for the period to be appropriated9905 | €87,728 | €23,162 | €128,811 | €55,622 | €120,476 | ▲ 117% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €478,948 | €683,312 | €673,820 | €710,764 | €797,162 | ▲ 12.2% |
| Fixed assets21/28 | €214,141 | €536,878 | €343,137 | €377,662 | €440,852 | ▲ 16.7% |
| Tangible fixed assets22/27 | €213,277 | €536,014 | €342,273 | €376,798 | €439,988 | ▲ 16.8% |
| Land and buildings22 | - | €516,474 | €340,047 | €332,220 | €324,394 | ▼ 2.4% |
| Plant, machinery and equipment23 | - | €4,270 | €2,226 | €580 | €1,733 | ▲ 199% |
| Furniture and vehicles24 | - | €15,271 | - | €43,998 | €113,861 | ▲ 159% |
| Financial fixed assets28 | €864 | €864 | €864 | €864 | €864 | = |
| Current assets29/58 | €264,806 | €146,433 | €330,683 | €333,102 | €356,310 | ▲ 7.0% |
| Amounts receivable after more than one year29 | - | €50,000 | €68,000 | €216,000 | €225,000 | ▲ 4.2% |
| Other amounts receivable291 | - | €50,000 | €68,000 | €216,000 | €225,000 | ▲ 4.2% |
| Amounts receivable within one year40/41 | €22,796 | €44,843 | €29,606 | €2,861 | €32,303 | ▲ 1,029% |
| Trade receivables40 | - | €33,150 | €21,175 | €75 | €30,250 | ▲ 40,094% |
| Other amounts receivable41 | - | €11,693 | €8,431 | €2,786 | €2,053 | ▼ 26.3% |
| Current investments50/53 | €22,806 | €22,806 | €22,806 | €22,806 | €22,806 | = |
| Cash at bank and in hand54/58 | €168,910 | €26,595 | €208,857 | €89,312 | €70,268 | ▼ 21.3% |
| Deferred charges and accrued income490/1 | - | €2,189 | €1,415 | €2,123 | €5,933 | ▲ 180% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €478,948 | €683,312 | €673,820 | €710,764 | €797,162 | ▲ 12.2% |
| Equity10/15 | €302,449 | €323,226 | €448,838 | €385,518 | €454,006 | ▲ 17.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €281,464 | €304,626 | €430,238 | €366,918 | €435,406 | ▲ 18.7% |
| Non-distributable reserves130/1 | - | €22,806 | €22,806 | €22,806 | €22,806 | = |
| Own shares acquired1312 | - | €22,806 | €22,806 | €22,806 | €22,806 | = |
| Distributable reserves133 | - | €281,820 | €407,432 | €344,112 | €412,600 | ▲ 19.9% |
| Profit (loss) carried forward14 | €2,384 | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €1,250 | €1,250 | €1,250 | €1,250 | €1,250 | = |
| Provisions for liabilities and charges160/5 | - | €1,250 | €1,250 | €1,250 | €1,250 | = |
| Environmental obligations163 | - | - | - | €0 | - | - |
| Other liabilities and charges164/5 | - | €1,250 | €1,250 | €1,250 | €1,250 | = |
| Amounts payable17/49 | €175,249 | €358,835 | €223,733 | €323,996 | €341,906 | ▲ 5.5% |
| Amounts payable after more than one year17 | €98,103 | €268,475 | €191,101 | €209,319 | €236,505 | ▲ 13.0% |
| Financial debts170/4 | - | €268,475 | €191,101 | €209,319 | €236,505 | ▲ 13.0% |
| Amounts payable within one year42/48 | €77,146 | €90,360 | €32,632 | €114,678 | €105,401 | ▼ 8.1% |
| Current portion of amounts payable after more than one year42 | - | €47,955 | €17,243 | €22,589 | €37,439 | ▲ 65.7% |
| Trade debts44 | €249 | €3,236 | €1,155 | €5,924 | €2,188 | ▼ 63.1% |
| Suppliers440/4 | - | €3,236 | €1,155 | €5,924 | €2,188 | ▼ 63.1% |
| Taxes, remuneration and social security45 | - | €39,170 | €13,671 | €14,168 | €43,330 | ▲ 206% |
| Taxes450/3 | - | €39,170 | €13,671 | €14,168 | €43,330 | ▲ 206% |
| Other amounts payable47/48 | - | - | €563 | €71,997 | €22,445 | ▼ 68.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €87,728 | €23,162 | €128,811 | €55,622 | €120,476 | ▲ 117% |
| + Depreciation and write-downs630 | €21,764 | €61,205 | €25,141 | €15,976 | €33,217 | ▲ 108% |
| Operating cash flow (approximation) | €109,493 | €84,367 | €153,952 | €71,598 | €153,693 | ▲ 115% |
| Investment in fixed assets (approximation) | - | -€383,942 | €168,600 | -€50,501 | -€96,407 | ▼ 90.9% |
| Change in cash | - | -€142,315 | €182,262 | -€119,545 | -€19,044 | ▲ 84.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
25-03
State Gazette act
General meeting · Director resignation
Permanent representative · Power of attorney
25-03
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
24-02
State Gazette act
General meeting · Board meeting
Director resignation · Director discharge
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
07-04
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €128,811 ▲456%
Operating result €187,427, net result €128,811, both a record.
31-12
Financial
Liquidity times 6current ratio 10.13
Current ratio from 1.62 to 10.13; short-term debt falls from €90,360 to €32,632.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €23,162 ▼73.6%
Net result drops to €23,162, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Equity above €200,000Eq €216,580 ▲31.6%
2 profitable years in a row build equity to €216,580.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
23-08
State Gazette act
Board meeting · Director resignation
Director appointment · Power of attorney
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2008
Ground area
599 m²
Building footprint
130 m²
Volume, LiDAR
849 m³
Parcel 46302D1390/00K000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Koningin Fabiolalaan 9, 9140 Temse
since 20082.173.645.977
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46302D1390/00K000 | Flanders | 599 m² | 1 · 130 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 3,045 EUR awarded · 3,045 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,260 EUR | 1,260 EUR |
| 2024 | 1 | 0 EUR | 1,095 EUR |
| 2023 | 1 | 1,095 EUR | 0 EUR |
| 2022 | 1 | 690 EUR | 690 EUR |
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 35,419 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806424544
Also
9925:BE0806424544
Registered
08-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.